Minnesota House OKs plan to pay back schools part of $2.4 billion

Megan Boldt:

The Minnesota House on Thursday, March 15, approved a plan that would start paying back the $2.4 billion owed to public schools by using the state's budget reserve.

The legislation, which passed 74-59, would shift $430 million from rainy-day funds to repay K-12 schools. It also includes ending the practice of laying off teachers based on seniority rather than performance, a measure that already has passed the House and Senate.

"There's a message today. This is what people have to know. Republicans have a plan. Republicans have a plan to reduce the debt we owe to schools," Rep. Pat Garofalo, chair of the House Education Finance Committee, said Thursday.

Posted by Jim Zellmer at March 22, 2012 1:41 AM
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